Entertainment Properties calls all $80 million 7¾% preferred shares

By Toni Weeks

San Diego, July 28 - Entertainment Properties Trust has issued a call to fully redeem all 3.2 million outstanding shares of its 7¾% series B cumulative redeemable preferred shares on Aug. 31, according to a press release.

The preferreds will be redeemed at par plus a $0.322917 quarterly dividend for a total redemption price of $25.322917 per $25.00 preferred.

Entertainment Properties is a Kansas City, Mo., real estate investment trust.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.